The Canadian robo-advisor firm beat out well-established major U.S.-based financial services institutions for the prize
Robo-advisors are expected to add more sophisticated ETFs to their product lineups as the ETF industry continues to expand
Peter Lee to take over when Gravel departs at the end of June
The brokerage business is going through profound change, and advisors are counting on their firms to help them navigate through the new twists and turns
Franklin Templeton Investments Corp. of Toronto has announced the merging of two of its funds into other funds. Franklin Bissett Canadian Higher Dividend Fund will be discontinued and merged into Franklin Bissett Canadian Dividend Fund. As well, Franklin Bissett Canadian High Dividend Corporate Class Fund will terminate and merge into Franklin Bissett Canadian Dividend Corporate […]
Toronto-based Vanguard Investments Canada Inc. has launched its first series of actively managed ETFs. This suite of funds consists of Vanguard Global Liquidity Factor ETF, Vanguard Global Minimum Volatility ETF, Vanguard Global Momentum Factor ETF and Vanguard Global Value Factor ETF. Vanguard Global Liquidity Factor ETF is meant to provide investors with long-term capital appreciation […]
Toronto-based TD Asset Management Inc. (TDAM) entered the ETF space at the end of March. TDAM launched six passive ETFs to follow fixed-income securities and equities, with exposure to Canadian, U.S. and international markets. The new ETFs are: TD Canadian Aggregate Bond Index ETF, TD International Equity Index ETF, TD International Equity CAD Hedged Index […]
Toronto-based Horizons ETFs Management (Canada) Inc. has launched a new dividend-focused, exchange-traded fund (ETF). Horizons Cdn. High Dividend Index ETF follows the Solactive Canadian high dividend yield index (total return), net of expenses. The index tracks 40 of the largest dividend-yielding companies on the Toronto Stock Exchange with a minimum market capitalization of $4 billion. […]
When a client dies, he or she leaves a trail of online accounts, complete with login names and passwords. Managing these digital assets is an important part of estate planning in the 21st century
Robo-advisors may be relative newcomers to Canada’s financial services sector, but these firms are beginning to offer expanded slates of specialized investment products. Recently, for example, Toronto-based Justwealth Financial Inc. entered the market, offering clients target-date portfolios for registered education savings plans (RESPs). And Toronto-based Wealthsimple Financial Inc. is making forays into socially responsible investing […]